For the week ending 24 Jul 2026, there were only a few economic reports to reference. They hardly made a dent in the US market because there were stronger factors dampening, enabling US market to finish the week lower. Index Performance. US market - 3 composite indexes past week performances DJIA. For the week, it fell by -0.4% to close at 51,947.25, despite a late rebound on Fri, 24 Jul 2026. S&P 500. Slipped by -1.03% over the 5 days to 7,411.98, marking its 2nd consecutive weekly decline. Nasdaq. Down by -2.90% for the week, closing at 24,975.82 due to heavy selling in mega-cap tech and the "Magnificent 7". Key Catalysts. Broadly, there were 4 key factors that caused the wild swings in US market, especially the tech index. Geopolitical & Energy Shocks: Brent crude surged past $1
$UOB(U11.SI)$ This is one of the trio Giants in banking. Funds are coming in to buy up their Shares especially before earnings in early Aug. Uob being the cheapest is playing catch up and has climbed. Still undervalued & paying good dividends. But before the next leg up.
$SOXS2 20260821 5.0 CALL$ It's supposed to be better prior to its principal consolidation... if there's no shares consolidation, $5.1 now could easily be $6! As this call options follow its principal, it is probably difficult for a big payout at the end of the day. I can't play with this anymore after its principal consolidation. Need to hunt for my next game...
$ProShares Ultra Silver(AGQ)$ I have been adding lately... yes, it might no longer be the easy fruit 🍋🟩 to pick but I still believe in inflation protection instruments such as gold and silver. Property and land are others... this is a long term play. The ongoing market correction, oil price hikes are stroking fears in the market. Inflation triggered possible interest rates increase is getting ever possible. The new US Federal Reserve Chairman is not helping the situation with no guidance. Frankly speaking, rather than setting the direction for rates, the new chair 🪑 feels more like, a chair 🪑! It appears that he is simply another vote among the 12 voting members. So, there's also nothing much he could say, since he